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Solana Teeters on Brink of Death Cross as $148 Resistance Holds Firm

  • Solana (SOL) struggles to break through $148 resistance level despite recent gains.
  • NVT Ratio at a 5-month high suggests Solana's market hype exceeds actual network usage.
  • Impending Death Cross between 50-day and 200-day EMAs threatens Solana's upward momentum.
  • Fidelity's filing for a spot SOL ETF provides optimism, but lack of on-chain activity raises concerns.

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